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GSTR Return Cycle

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Your supplier file the GSTR-1 Return (Outward supplies made by a taxpayer other than compounding taxpayer and ISD) through Apps by the 10th day succeeding the month.

GST Common Portal (GSTN) will be auto populated in the provisional GSTR-2A of a taxpayer.

You will have to either accept, reject or modify that provisional GSTR-2. i.e. You finalize GSTR-2 based on GSTR-2A.

If you find any mismatch in GSTR-2A then you have to add additional purchase invoice details in his GSTR-2 which have not been uploaded by the supplier or edit any invoice which is wrong upload. Taxpayers will have the option to do reconciliation of inward supplies with suppliers during the next 7 days by following up with their counter-party taxpayers for any missing supply invoices in the GSTR-1 of the suppliers. Editing in GSTR-2 can be made via two option one is editing on the portal itself or if you have more number of invoices to be edited or uploaded then you can use GSTR Filing Utility ( GST Return Filing Utility is given on the GST Portal for GSTR-1 & GSTR-2 Filing)

After Finalization of GSTR-2, GSTR-3 will be generated and it will show the tax liability to be payable after payment of Tax your return cycle will be completed (Monthly return other than compounding taxpayer and ISD) return generated automatically generated at the online Portal Post Finalization of GSTR-3.

Taxpayer will debit the both ITC, cash ledger, and mention the debit entry number in the GSTR-3 return and would submit the same.